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Home / Metal News / Secondary lead: Downstream enterprises adopt a wait-and-see attitude and purchase cautiously, with rigid demand favoring primary lead [SMM Lead Midday Review]
Secondary lead: Downstream enterprises adopt a wait-and-see attitude and purchase cautiously, with rigid demand favoring primary lead [SMM Lead Midday Review]
Jul 15, 2025 12:05Source:SMM
SMM July 15 News:
Today, the SMM 1# lead average price fell by 25 yuan/mt from yesterday to 16,850 yuan/mt. Suppliers of refined lead slightly followed the decline in their quotes, with ex-works prices around 15,900 yuan/mt excluding tax, and some supplies could be delivered at 15,920 yuan/mt. The mainstream tax-included supplies were offered at a discount of 50-0 yuan/mt against the SMM 1# lead average price for ex-works delivery; supplies from Jiangsu and Henan provinces were offered at a premium of 30 yuan/mt for ex-works delivery. Downstream enterprises adopted a wait-and-see attitude and were cautious in procurement, with rigid demand favoring primary lead.
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